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Issa Brothers
15:27, 9 MAR 2023
Profits rise to almost $1.5bn at billionaire Issa brothers' EG Group as sales surge 25%
North West
The billionaires also own Asda separately to EG Group
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JD Sports, In The Style and EG Group: The 10 latest North West deals
North West
BusinessLive has rounded up some of the latest top deals you should not miss
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Billionaire Issa brothers’ EG Group in $1.5bn US property sale to slash debt
North West
The brothers also co-own Asda with TDR Capital
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Asda announces 10% pay rise for over 115,000 staff in £141m move
Asda
The news comes after an 8% pay increase for hourly-paid retail roles during 2022
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Andy Murray-backed Castore 'eyeing $200m cash injection'
North West
Castore was founded in Liverpool by two brothers
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Asda to help create driverless hydrogen HGV with zero-emissions firm backed by billionaire Issa brothers
North West
A trial of the prototype is planned for September 2024
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Asda puts almost 300 jobs at risk and plans to move over 4,000 workers to lower-paid roles
North West
The billionaire Issa brothers are also considering a £1bn merger of Asda and their EG Group
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Billionaire Issa brothers 'exploring £13bn merger' of Asda and EG Group
North West
The Issa brothers are also considering a £1bn sale of part of their US petrol station empire
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Asda-owning billionaire Issa brothers 'eyeing £1bn sale' of US petrol stations
North West
EG Group, whose brands include Euro Garages, Coopland and Leon, has over 6,600 sites across the world
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Official inquiry launched into Asda's £600m deal to buy the Co-op's petrol stations
North West
Asda is owned by the Lancashire-based billionaire Issa brothers and private equity firm TDR Capital
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Andy Murray-backed Castore increases funding to £75m after record-breaking sales
North West
The company was founded in Liverpool and relocated its head office to Manchester in 2021
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THG, Matalan, Boohoo and TransPennine Express: 22 of the best read North West stories of 2022
North West
Articles about Siemens, Boohoo, Steven Bartlett, Matalan and Missguided also proved popular
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THG, JD Sports, the Issa brothers and Frasers Group: The most headline-grabbing deals of 2022
North West
A string of high-profile deals were reported by BusinessLive throughout the year
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Andy Murray-backed Castore signs James Bond deal
North West
The Manchester company also counts the billionaire owners of Asda among its investors
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Asda to create 10,000 jobs over next four years in major convenience store push
Asda
Asda is owned by the billionaire Issa brothers, who also separately own EG Group, alongside TDR Capital
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High fuel prices help profits rise at Issa brothers' EG Group
North West
The billionaire brothers also separately own Asda alongside TDR Capital
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Billionaire Issa brothers buy site for new industrial estate that could support 900 jobs
North West
The development will be the third phase of the Burnley Bridge Business Park scheme
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Billionaire Issa brothers plot major Leon expansion across the º£½ÇÊÓÆµ
North West
Leon currently has 65 coffee-to-go kiosks in EG’s stores on its forecourts and 33 in Asda
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'Incensed' Asda workers balloted for strike action in pay dispute after Issa brothers private jets row
Asda
BusinessLive understands, from a person familiar with the matter, that commercial interest will be paid on the loans for the private jets which will be backdated
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Asda completes £600m deal to buy Co-op's petrol forecourt business
North West
The Co-op said proceeds from the sale will be reinvested into its core convenience shops, pricing, stores operations and reducing its debt burden
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Sales and profits surge at Andy Murray and Issa brothers-backed Castore as it creates almost 140 jobs
North West
The company was established by brothers Tom and Phil Beahon in Liverpool
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Billionaire Issa brothers' EG Group invests £25m in zero-emission vehicles firm
North West
As well as Euro Garages, EG Group's brands include LEON, Cooplands and Cumberland Farms
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Andy Murray-backed sportwear brand Castore signs major deal with F1 team Red Bull
North West
Castore was founded in Liverpool by brothers Tom and Phil Beahon
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Issa brothers and Andy Murray-backed Castore valued at £750m after £50m boost
North West
Castore has the option to increase the lending facility to £75m
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